14, LOWE HILL ROAD, WEM, SHREWSBURY, SY4 5UA - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 LOWE HILL ROAD is a midsized extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £253,033. It was last sold for £195,000 in February 2020, which was around 39% below the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

14 LOWE HILL ROAD Sold Prices

Land registry data shows two sales for 14 LOWE HILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 14 LOWE HILL ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 21 FEB	£195,000	£321,581	39% below HPI
2004 21 MAY	£110,000	£220,669	50% below HPI

14 LOWE HILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 14 LOWE HILL ROAD sales from May 2004 and February 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 14 LOWE HILL ROAD be worth now?

14 LOWE HILL ROAD might now be worth an estimated £253,033.

This is based on house price inflation of 29.8%, between February 2020 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.8% inflationary increase is applied to the most recent sale price for 14 LOWE HILL ROAD of £195,000 on 21st February 2020. For the value to have increased from £195,000 to £253,033 over the five years to February 2025, the following assumptions must hold true:

• The value of 14 LOWE HILL ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LOWE HILL ROAD has not materially changed since February 2020.

How Large is 14 LOWE HILL ROAD?

14 LOWE HILL ROAD is 102m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses houses in Wem, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wem, and where 14 LOWE HILL ROAD lies on this distribution: 52% of detached houses houses are smaller than 14 LOWE HILL ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Wem.

14 LOWE HILL ROAD: Plot and Title Map

14 LOWE HILL ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 14 LOWE HILL ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 LOWE HILL ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 LOWE HILL ROAD?

14 LOWE HILL ROAD is located in WEM, in the SY4 postcode district. The below map shows the position of No. 14 on LOWE HILL ROAD.